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Is Jim Rogers holding any currencies? Dollars have been one of the best performing asset classes recently, but this has nothing to do with people going to dollars as a safe haven. Most people are simply liquifying other assets, so they are taking on more dollars. If you are smart, you will use this opportunity to get out of all your dollars.
The United States owes the rest of the world 13 trillion dollars. There will be exchange controls coming. The dollar is the last thing that you should think of as a safe haven. The Euro is less flawed than the dollar, but even it is seriously flawed. If you want to keep your money in a sound currency, your task is very difficult. Even the Swiss Franc is looking suspect. For Jim Rogers holding any of the government currencies is a bad idea.
The Jim Rogers Blog: Videos, Articles, and Summaries
The Jim Rogers Blog features articles and videos from Jim Rogers. A summary of each video is also provided. This page is updated with Jim Rogers' investment advice and commentary on stock recommendations, the global financial markets, and the economy.